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20110701
20110731
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, onewas coming to a a of the big interests in alo and huffington post, walter manchin the field, one of the first things that people said to me was, aol lost his way not because of the business model but because of the community and the ability for people to actually comment on what was happening. as i travel around, whether people commenting on articles they saw or things that they did, one of the most disappointing things that happened at the aol's community- based was not being able to comment. all the common in technology was stripped off of the company. we went from the most engage community to the least engaged in the world. i think that area and i brought that back. when aol went down, they took that away. a lot of the features in facebook were things that he grew up using on a a well. it's an important part of our business in the future. >> for those of us old enough, we remember when you dial up aol and you hear that iconic modem sound and the "you've got mail" peace. to go back to that, you have a startup incubating in a large corporation. is it important for the user to kn
choices today -- do we want to keep repeating ourselves or do we want to look at the big car rise in and do inspirational things we have already challenged ourselves to do? my generation, together with those that followed, built the isf. today anash @ -- nasa and the others want to touch an asteroid and move to mars. the status quo is no longer exceptional. -- acceptable. the students and early career scientist had a ton of energy and enthusiasm. they are excited about the chance to do something new, to be it on the ground floor of the next big frontier of human exploration. to put their big ideas into practice, and they should be. if you are studying in a stems discipline today, you love a great career ahead you, not just at nasa but at other government agencies and academia. when that final shuttle landing occurs, and the cheers and jeers subside, we will keep on moving to where we want to go next. your kids and my grandkids will do things that today we can barely dreamed of. our nation has made great progress the west's history by innovating solutions to meet grand challenges,
of the big argument in washington, d.c. right now is allegedly over raising the debt limit, but what's really going on is competing plans about budget cutting which amounts essentially to dieses investment. given the economic realities, can you just outline for us the differences that we can expect to result from on the one hand investment in the economy if the politicians were willing to do something like that, or on the other hand, budget cutting that they're talking about so much. >> well, thank you, bob. i want to start in my answering the question where rich led off that, you know, this is a choice. the unemployment that we have in front of us is something that policymakers can do something about, and as the economist up here on the panel, i want to leave the audience with one thing which is that if we do -- what we do that is good for workers in this economy will also be good for the economy overall so often here in washington, and that's the way the deficit conversations are going, it's as hoe there's this big difference we need to deal with the deficit because that's good for the econ
for the tabloids. host: what about the broadsheets? guest: it is known occasionally. there was a big scandal about mp's expenses last year, which came from information that is the voice of -- information that is the will serve and got on a computer disk. my newspaper paid for that because they thought it was in the public interest. that is a rare instance of a broadsheet paper paying for information. for the tabloids, we call it checkbook journalism. salacious information about a night out on the town with a celebrity or pop star or encounters with celebrities. that culture has grown and become more insidious over the past 20 or 30 years. host: how would you describe, to help put it in perspective -- by the way, we will put the numbers on the screen as we continue this conversation about the phone hacking investigation in the u.k. prime minister cameron spoke this morning at a problem about it and we carry that live on c- span -- spoke this morning in parliament about it and we carry that live on c-span2. we carry rupert murdoch and rebekah brooks yesterday and we will speak about that. how do you
court term began, two of the big lens or person in the cases come if you protest a chemist vendor versus phelps in the videogame case from which ended at being caught brown v. entertainment software association. both of those cases brought with them the chance to explore first amendment issues in the internet era and they ended up really not doing that at all. the funeral case had a component to it involving an online screed against their parents of corporal snyder, which the court completely declined to address it all and instead look at it as a type of dinner plates. the videogame case again had the potential of looking at whether this new medium has something different than the other new media that arose over the centuries, but instead decided it did not impose either unanimous word you unanimous holdings getting to that resold. we have as well i suppose we should be grateful for arizona's contribution to the supreme court docket with the tuition tax credit case in the clean elections case which was perhaps again i say the clean elections case the perhaps most predictable outcome, the
that of the assistant attorney general for the antitrust christine varney is stepping down and there's a big merger in the at&t t-mobile merger that needs a thorough and expeditious review, and i would hope that her stepping down doesn't believe that. i think we could get that done by the end of the year in a fare, faeroe manor. but i have been in a dialogue with chairman genachowski about making sure that we move as quickly as we can on the merger review process as there are a lot of problems with how the commission under both republicans and democrats have conducted themselves in terms of taking too long or imposing conditions that have absolutely nothing to do with the substance of the merger itself. so congress could look at it and there could be a statutory provision certainly, but the best thing to do would be to honor its own 180 dÉjÀ clock. >> just to add something we from time to time work with the fcc on the merger views and from our perspective, you don't deserve a particular outcome, but to do preserve a sort of speedy resolution. sometimes it takes longer with documents but that's wh
on every aspect of our society to get this problem under control. >> [inaudible] >> everyone agrees a big deal with the best. the president says that. i believe that. the folks behind the believe that. we still believe it is possible to have a comprehensive proposal here that in a serious way addresses this enormous debt problem we have. i have not given up hope that that may happen yet. thanks a lot. >> a group of senate democrats held their own news conference, where they reiterated their demand that any budget agreement include more tax revenues from those making more than a million dollars a year. this news conference begins with a michigan senator. this is half an hour. >> good afternoon. on april 15, the house of representatives voted to end medicare. the wanted to use that money to balance the budget. rather than using it to balance the budget, they used it for huge new giveaways to millionaires and special interests. their plan protect spending on massive tax earmarked for drug companies, oil companies, companies that outsource jobs, and well-connected special interests. let me ju
procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it and i object to it and i expect an appropriate amount of time to consider whatever plan comes >> with titles like "slander," and coulter has something to say. now, your chance to talk to the best-selling author. in death, for three hours starting at noon on both tv. >> the former u.s. comptroller general david walker of the nation pose a growing debt and budget deficit challenges. from "washington journal,", this is 30 minutes. the former u.s. comptroller general and now founder and ceo of the comeback american initiative, david walker print a good morning. forve said it is a bad idea the congress and president to flirt, so to speak, with the august 2nd deadline of hitting a possible debt default. what do you think is going on right now and are concerned there is not a deal in place yet? guest: i am concerned. if everybody is true to their
objective of the reform is the madigan threats to stability imposed by the too big to fail problem. here in the act takes a two- pronged approach. this includes enhanced risk based requirement, credit limits, stress testing, and remediation regime and activities restrictions. the fed and other agencies face the challenge of aligning regulation with international agreements. these efforts are going well. the federal reserve and expects to issue rules over site of cfis this summer and we are on schedule to implement basel 3. and being too big to fail requires allowing a cfi to fail. the second part of the act empowers the fed and the fdic to reduce the affect on the system in the event of a failure to tools such as liquidation of authority and approve a resolution planning. the federal reserve is working with the fdic to thecfis prepare for resolution by adopting living wills. the joint rule is expected this summer. reducing the likelihood of a severe crisis requires strengthening the resilience of markets an infrastructure. toward that end, provisions to improve the transparency and stabi
, it made taxpayer-funded bailouts illegal, so taxpayers don't have to foot the bill if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. now, to make sure that these protections worked - so ordinary people were dealt with fairly, so they could make informed decisions about their finances - we didn't just change the law. we changed the way the government did business. for years, the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with a mortgage lender, you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were responsible, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge, with just one job -- looking out for regular people in the financial system. now, this is an idea that i got from elizabeth warren, who i firs
, vote for this amendment. mr. president, how big is this scheme? well, here's what our own permanent subcommittee on investigations has told us: "experts have estimated that the total loss to the treasury from offshore tax evasion alone approaches $100 billion per year, including $40 billion to $70 billion from individuals and another $30 billion from corporations engaging in offshore tax evasion. abusive tax shelters add tens of billions of dollars more." mr. president, you want to lock in these abuses? you prefer to pay more in taxes yourself so that people can engage in these scams? vote for this amendment. vote for the legislation that's before us. vote for what is on the floor because you'll protect them forever more. mr. president, i end as i began. this is perhaps the most ill-conceived, ill-considered, internally inconsistent legislation that i have ever seen in my 25 years in the united states senate. i hope my colleagues have the wisdom to vote "no." i thank the chair and yield the floor. the presiding officer: the senator indiana. mr. coats: mr. president, i just would lik
have fixed unit prices so the only thing would be big quantities. an example would be that on at the road, it would cost $4.40 per cubic meter for excavation. that holds, and if it costs more than that, the unit price does not change. what changes are quantities. the quantities are monitored every day, every dump truck, to make sure that however many cubic meters are pulled out of a particular sector or in fact accounted for. we tried as best we can add to balance aspects of at fixed prices as well as cost-plus. >> more opportunities at the subcontractor level? >> it is a smaller contract that is defined -- that is the key, if you can define what the work is -- then it is certainly possible. >> thank you. one final thing i want to say. just as we're concerned with the safety and security of our troops, for your employees and subcontractors, we wish them well. >> thank you. >> thank you. >> thank you both for being here. we appreciate it, and we will follow up with we get additional questions. i want to second senator portman's -- while our job is to oversee the mone
forendf yesterday calling and echoing my call to end subsidies for big oil. it is they call it received a bipartisan vote here in the bipj senate, a bipartisan majority vote here in the senate, but of course did not pass because of mar colleagues insistence on a r filibuster or a supermajority ie the.put the but it is time for our friends on the other side of the aisle put the interest of taxpayers ahead of big oil and allow these wasteful subsidies to finally end. as the president said, we have t strategies to reduce the deficit like my legislation to cut oil a subsidies thatdy are already introduced and ready to go now we have to do is pass it. a vote to allow that to happeneo is a simple choicene for everyod in this chamber. are you on the side ofn working-class families and o seniors or aren't you on theefit side of b,ig oil? saving now, they're lots of ways to cur the deficit, but saving taxpayer subsidies for big oil while anda medicare is not in my mind a solution. it makes no sense, mr. president to get a taxpayer-funded subsidb to the big five oil companies ol earning $12 billi
't particularly like bad acronym. >> it's not my favorite either. >> this is a big deal. in i don't dig it should be trivialized and i think it is one area where there is not enough done that there is not enough central administration of budget authority. >> ride, so i will stick with national intelligence manager. and, i think the challenge is that we do face a much more difficult vegetarian byram and then we did in the last few years and i fully appreciate that reality. i've seen it in my role at nsa where i have been part of the senior leadership meetings about how nsa is going to react and respond to the budget constraints that we are likely to face, that we will face. the question will be, how do we make sure that we are focusing on the right priorities as a community and how do we achieve efficiencies where we can in order to meet the challenge that the current budget environment proposes? >> well, you see, from my point of view counterterrorism is extraordinarily important. is vital to the protection of the homeland. therefore having a strategy and an approach to it and a pattern and a pra
support it in a way that is reasonable and balanced. host: let me get to one other big topic and then we will start taking calls. that is the medicare debate. what do you think of paul ryan's medicare plan? guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs? yes, it did. i think that is how we have to approach medicare. a baby girl born today as a 50% chance or better of living to 100 my husband's grandmother passed away a couple of years ago one a week shy of 112 living in her own home. these are the things that we are dealing with. people are living longer. i was very engaged with care coordination, wellness, how we coordinate care for our seniors
a bigger plan. or at least a big enough debt increase to carry the president beyond the next campaign. but the american people care about jobs, not politics. they want solutions that will restore confidence, credit and growth in the united states, and neither a default nor a two-year budget gimmick will accomplish that task. this bill will. i urge my colleagues on both sides to recognize that good politics is about doing what's right for the american people. let's take this opportunity, cut spending and put america back on a sound fiscal path to prosperity. i yield back. the speaker pro tempore: the gentleman from massachusetts. mr. mcgovern: mr. speaker, at this time i'd like to yield minutes to the distinguished gentlewoman from connecticut, ms. delauro. the speaker pro tempore: the gentleman from connecticut is recognized for two minutes. ms. delauro: mr. speaker, we are five days away from a historic, unprecedented and needless default. instead of acting responsibly and in a bipartisan way to raise the debt ceiling, the republican majority continues to hold the american economy ho
round table, a small business owner told me, quote, the government is out of control, it's too big and i don't like it, closed quote. well, i don't like it either and it's costing our country jobs. it's time for washington to do what's right. we need to make the tough choices necessary to get our nation's fiscal house in order. no one said it would be easy, but it is certainly necessary. the legislation before us will end unsustainable spending and put this nation back on a fiscal path. i urge my colleagues to support it. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from maryland continue to reserve? mr. van hollen: i reserve. the speaker pro tempore: the gentleman from new jersey. mr. garrett: regarding what sort of amendment that thomas jefferson may have been looking for today whether we would be looking for in what we call a super majority or what have you, jefferson would be going even further than what we are doing here today and say that congress should not have the ability to borrow at all. the amendment we are putting fo
to start paying off the debt and cleaning up the mess that president obama and big spenders of both parties have given us in the past. we need to lower the debt ceiling. so that this never happens again. we can leave a better america for our children and grandchildren. after watching president obama's address the other night, it was pretty clear to me that he was making a campaign speech. he wants to raise taxes on job creators and small businesses. it would not go into effect until after reelection. he is promising trillions of dollars of future cuts but you and i know will never materialize. kind of reminds me of the cartoon character wimpy. i will pay you tomorrow for a hamburger today. i don't want to give him the hamburger. i would like to tell the president, the american people are smarter than this ponzi scheme he is trying to get us. we are not going to buy into it, are we? we need immediate and hefty spending cuts. we need to pay down our national debt. we need to do with a business does leggett overextended. it lowers the borrowing limit and find a way to pay off the debt. cut exp
amount as possible? >> they get a big of a deal. we will do it in a long term. >> it is a 1 month extension of the debt ceiling compared to doing it until 2012. >>, the risk is that you lose credibility in the markets about your willingness to experience a few did that, it would be important to send signals somehow that you have a plan. >> better to do it now than ever did in 2213 than a month at a time? >> thank you. >> thank you. thank you. i just have one question. in view is the largest holder of our treasury debt? is it the chinese government? is it the chinese institution? >> they have a lot of it. >> the reserve holdings is there. >> effectively, it became our debts and not paying this. we would be paying the chinese central bank. it would a probably raise the debt ceiling. there is used for the deficits that we face. we are trying to do that. ironically, when you do this, the irony and the priority is to the chinese central bank. it is lower on the pecking order. it would practically be seniors and social security recipients. that is the reality. >> the hearing record will
discretionary military spending, we have mandatory domestic and then we have these big entitlement programs. i would like a review on those kinds of cuts as it relates to your caution about shark cuts in the short term. >> there is already a good bit of fiscal contraction going on in the sense that there was a spending.up in the states and localities have done under continuous pressure because of limitations on their budgets, which has led them to be cutting. we have experienced a good deal of fiscal tightening. there are some headwinds in the economy. i cannot pick and choose among programs. you want to think about the desirability of these programs under their own merits. i want to be clear that cutting programs or raising taxes in ways that will reduce demand and spending and the ability of consumers to meet their bills and to purchase goods and services is going to slow the economy. that will offset some of the benefits of the cuts. it will reduce revenues and make the deficit worse in the short term. >> let me suggest an approach. it showed entitlement program spending that created the re
with this question. tomorrow, at your turn 40 years old. what are your hopes for the future? >> there is a big future. that is a future where we are all able to freely communicate our hopes and dreams and the historical record is an item that is completely -- it could never be changed, deleted, modified. that is something is -- that is my lifelong quest to do. from that, justice lows. -- flows. most of us are reasonably intelligent. if we communicate with each other, organize, and know what is going 9, and that is pretty much what it is all about. in the short term, it is that my staff stopped hassling. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> the head of the national institute of health talks about science and innovation in the u.s.. the state department calls on the syrian government to withdraw troops. that briefing is later. in case you just missed it, wikileaks founder in a forum in london. >> on tomorrows "washington journal," we continue our discussion on federal spending and the national debt. after that, pe
their responsibility? there were a different part of the stable. at times that is a big outfit. famous come to the conclusion pen. they would have the overall responsibility. it would not come. >> he would have heard that this was not the tone. they have this reputation as an investigator. he got on with it. he kept his cards very close to his chest. there were below them. that dangerous men. he did not want him on the bench. and not quite sure who else i could have gone too. they performed to the best of their ability. >> you have made their own judgment on that. >> thank you. >> thank you. i feel a little bit like i have fallen through the rabbit hole. you said that in the original investigation, you noticed no stone was left unturned. we wonder why there was a decision not to have exhausted analysis of this. there is no assessment of any additional victims. can you explain your role in that position and your assessment? >> i will pick of the mood of the committee. i had no involvement in that decision. i think they also had the evidence. they with their within the parameters. >> been mad
of these companies, big employers that have been out there for a long time exploring safely for american energy, they want to explore for american energy and go back to work but haven't been allowed to because of administration policies. but what is more absurd is, while the administration has had this permitorium where they won't let people go back to work, they have allowed the clock to continue ticking on the leases. you have a 10-year period of time. if the administration is saying, you can't properly develop your lease, that would be one thing if they said we are going to stop the clock where we as a administration go forward. all of our experts have said it has nothing to do with safety and hurting not only american energy production but american jobs. but the administration has said they will let the clock run. if you are playing a bnl game and the referee is holding the clock and you say i want to play by the rules and the referee is holding the ball and the clock continues to run and that is not fair. and the administration -- and the administration continues to do this. the house pass
the pictures of all of the former president's with a very large and big smile with mubarak. they put out a new book, the embassy put out a new book. president obama is on the cover and it shows all of the previous people, republican and democrat, who have been with this administration so a lot of the fault lies. we will see with this find is in this country when these issues are offered because i think there's a lot of blame right here in of river city and by republicans and democrats. the coptic christians and frankly i don't want to see the coptic christians leave egypt. they will not be the middle east and for too long people up here and in the previous administration has been reluctant to advocate for those who are being persecuted because they are christians, whether it be in afghanistan, whether it be in pakistan or in the egypt and all over, the two questions that i have. how many convictions have there been over the last several years? and how many occasions do you know where the american embassy has advocated for these cases? because generally been there is a problem for the members g
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